THe asx300 is almost irrelevant. The weight of capital doesn't move a stock. Whether we are are it or not I am not sure. When it gets interesting is when we are in the 200. Thats when you see hedge funds front running whom they think will enter the index, on expectation that a stock will need to be owned by fund managers and ETF's alike. We aren't there yet. They short the stocks coming out of the index. Plenty of quant teams are trading this before the index changes are announced.
looking forward to the next hits. And the Plan for Gold. I am still seeing $1 in the the ST. The scoping study confirmed what SQM saw in KDR. They commented it was the best low cost asset globally. Fully funded.
Exciting times to be a holder.
KDR Price at posting:
93.5¢ Sentiment: Buy Disclosure: Held
